Delhi-NCR has pipped Mumbai and Hyderabad to emerge as the top selling housing market across nine cities in 2024 owing to 66% growth in sales value in Gurugram alone. With this, Delhi-NCR has breached the ₹1 lakh crore sales value threshold, a report by PropEquity, a real estate data analytics firm has said. Delhi-NCR has pipped Mumbai and Hyderabad to emerge as the top selling housing market...
Construction
The Maharashtra Budget 2025 has proposed raising the stamp duty on supplementary documents from ₹100 to ₹500 under Section 4 of the Maharashtra Stamp Act. This will apply when multiple documents are used to complete a single transaction. The Maharashtra Budget 2025 has proposed raising the stamp duty on supplementary documents from ₹100 to ₹500 under Section 4 of the Maharashtra Stamp...
Kajol Devgan has bought a retail space spread across an area of 4365 sq ft worth ₹28.78 crore in Goregaon West near Mumbai, according to documents accessed by IndexTap Kajol Devgan has bought a retail space spread across an area of 4365 sq ft worth ₹28.78 crore in Goregaon West near Mumbai, according to documents accessed by IndexTap(File) The Bollywood actor has bought a shop on the...
The director of 9 Sky View Residences Pvt Ltd, Sujata Agarwal, has purchased three luxury apartments in Mumbai for over ₹104 crore, including taxes, according to property registration documents accessed by Zapkey.com. The director of 9 Sky View Residences Pvt Ltd, Sujata Agarwal, has purchased three luxury apartments in Mumbai for over ₹104 crore, including taxes, according to property...
The National Company Law Tribunal (NCLT) has directed that the resolution plans to acquire Jaiprakash Associates through the insolvency process should be invited for the entire company as a going concern and not by dividing its different business verticals. The National Company Law Tribunal (NCLT) has directed that the resolution plans to acquire Jaiprakash Associates through the insolvency...
Construction costs for greenfield real estate projects increased by 2-4% annually during the last calendar year on account of higher input costs, according to a report by real estate consultancy CBRE. Construction costs for greenfield real estate projects increased by 2-4% annually during the last calendar year on account of higher input costs, according to a report by real estate consultancy...
Akshay Kumar has sold his apartment in Borivali East, Mumbai, for ₹4.35 crore, according to property registration documents reviewed by SquareYards. Akshay Kumar, who is in the news for the film Sky Force, has sold his apartment in Borivali East, Mumbai, for ₹4.35 crore, according to property registration documents reviewed by SquareYards.(Yogen Shah) The property is located in Sky City,...
Bengaluru-based developer Gopalan Enterprises is set to launch its first Artificial Intelligence-powered smart home project, catering to the growing demand from millennial buyers. The company plans to build 3,000 units by 2025, with an investment of ₹500 crore, Managing Director C. Prabhakar told HT.com Bengaluru-based developer Gopalan Enterprises is set to launch its first Artificial...
The proposed extension of Namma Metro to Devanahalli, announced by Karnataka Chief Minister Siddaramaiah in Karnataka Budget 2025, is set to boost real estate demand and improve connectivity in North Bengaluru. This long-awaited expansion will address last-mile connectivity issues, making the region more accessible and spurring demand for residential and commercial developments. The proposed...
The New Delhi Municipal Council (NDMC) is set to revamp Khan Market in Lutyens Delhi to make it pedestrian-friendly and aesthetically beautiful, NDMC vice chairman Kuljeet Chahal said on Sunday. Khan Market was established in 1951. (HT Archive) The changes will include standardised signs and carpets for shopfront aesthetics, upgraded public convenience blocks, ducts in the middle lane to...